The market streets are teeming with analysis, upgrades, downgrades, predictions, and stock movements of Apple Inc. (NASDAQ: AAPL). Following a series of rallies, the company's stock even set a new record high, an enticing play for entities like DBS, which downgraded AAPL citing valuation and short-term challenges. The stock has been flagged as a top pick by financial behemoths such as Morgan Stanley for 2025, despite some skepticism over its potential as a 'Holiday Play'.
With its stock escalating to all-time highs like $244.68, Billionaires are seen to be juggling between AAPL and others for acquisition and sell-off decisions. One of the propelling factors behind all this is Apple's AI optimism, as it integrates ChatGPT with Siri, thereby enhancing its AI capabilities. Additionally, it's also been reported that Apple is looking to launch an in-house Modem and AI-powered iPhone SE in 2024.
Despite movements of shares ownership by several investment firms, analysts are recommending the AAPL stock with certain reservations, based on tariff concerns, AI challenges, and earnings outlook. iPhone 16 sales comments, stock price movements, and Apple's delay in launching its Smart Display HomePod till 2025 are taking the center stage in structural equations. Meanwhile, the metaverse front is gradually shaping up to consider AAPL as a potential stock.
Apple Stocks AAPL News Analytics from Thu, 19 Sep 2024 07:00:00 GMT to Sat, 14 Dec 2024 08:16:03 GMT - Rating 6 - Innovation 4 - Information 8 - Rumor 2